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Chinese backing in Labrador Trough softens impact of iron ore plunge

Frik Els | October 01, 2012 | 4:31 pm Canada China Iron Ore 

Iron ore was unchanged at $104.20 a tonne on Monday amid a weeklong Chinese holiday having clawed back more than 20% of its value since hitting a three-and-a-half year low of $86.70 on September 5. This time last year the...

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